{"id":79445,"date":"2021-07-06T11:33:33","date_gmt":"2021-07-06T06:03:33","guid":{"rendered":"https:\/\/newsmakhani.com\/?p=79445"},"modified":"2021-07-07T11:40:14","modified_gmt":"2021-07-07T06:10:14","slug":"citizens-cooperative-bank-officers-association-calls-on-secretary-cooperative","status":"publish","type":"post","link":"https:\/\/newsnarad.com\/pa\/citizens-cooperative-bank-officers-association-calls-on-secretary-cooperative\/","title":{"rendered":"Citizens\u2019 Cooperative Bank Officers Association calls on Secretary Cooperative"},"content":{"rendered":"<p class=\"qtranxs-available-languages-message qtranxs-available-languages-message-pa\">\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 <a href=\"https:\/\/newsmakhani.com\/en\/\">\u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964<\/a><\/p><p><\/p>\n<div><strong>Citizens\u2019 Cooperative Bank Officers Association calls on Secretary Cooperative<\/strong><\/div>\n<div><\/div>\n<div><strong>JAMMU, JULY 06:<\/strong> A deputation of Citizens\u2019 Cooperative Bank Officers Association today called on Secretary Cooperative, Yasha Mudgal and highlighted their issues and concerns.<\/div>\n<div>President of the Association, Anil Khajuria, apprised the Secretary that according to 19th TAFCUB meeting at RBI Jammu, the need for subscribing Share Capital to UCBs for their smooth functioning was felt by the authorities\u00a0 to improve their financial condition. Accordingly, as per the outcome of the said meeting the Citizens\u2019 Cooperative Bank was designated as Nodal Bank to submit\u00a0 a vision document\u00a0 to the J&amp;K government for requisition of Rs.19.00 crore\u00a0 Share Capital for UCBs. The Bank submitted said proposal wherein Rs.10.00 crore of Share capital for CCBL and Rs.3.00 crore each for other three\u00a0 UCBs of J&amp;K was requested to be subscribed\u00a0 by the government. The Association apprised the Secretary that the proposal is under consideration of the J&amp;K government and sought her intervention in early approval of the same.<\/div>\n<div>\u00a0Besides,\u00a0 the deputation brought into notice of the Secretary that the present Board of Administrators headed by Dr. Arun Manhas, Chairman of the Bank,\u00a0 is making all efforts to\u00a0 bring the bank back on rails. The Board of Administrators\u00a0 has also been\u00a0 making its best\u00a0 endeavours\u00a0 to\u00a0 comply with\u00a0 \u00a0the provisions of Banking Regulation Act\u00a0 1949 so that\u00a0 the issue of compliance sought\u00a0 \u00a0by RBI\u00a0 regarding disposal of non-banking assets is concluded\u00a0 at the earliest\u00a0 to improve the Bank\u2019s\u00a0 financials.<\/div>\n<div>Secretary\u00a0 Cooperative Department\u00a0 assured the delegation that all necessary\u00a0 steps\u00a0 shall be taken up on priority\u00a0 so that\u00a0 their pending\u00a0 \u00a0issues of Share Capital\u00a0 with\u00a0 the government is\u00a0 resolved. She also assured all necessary cooperation in respect of disposal of non- banking asset which is already in progress.<\/div>\n<div>Secretary said that the Bank should endeavor to become a profitable licensed bank as per the RBI guidelines within the next one year period which will be a feather in its cap as the bank is already CBS compliant and now needs to improve its CRAR ratio to become a licensed bank.<\/div>\n<div>Other office bearers who represented CCBOA were Rachpal Choudhary, General Secretary and Shakti Dutt Sharma, Sonal Mehta and Rajesh Magotra, Executive members.<\/div>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 \u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964 Citizens\u2019 Cooperative Bank Officers Association calls on Secretary Cooperative JAMMU, JULY 06: A deputation of Citizens\u2019 Cooperative Bank Officers Association today called on Secretary Cooperative, Yasha Mudgal and highlighted their issues and concerns. President of the Association, Anil Khajuria, apprised [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":79449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[184,122],"tags":[43250,8561],"class_list":{"0":"post-79445","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jammu-kashmir","8":"category-news","9":"tag-citizens-cooperative-bank","10":"tag-jammu"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts\/79445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/comments?post=79445"}],"version-history":[{"count":0,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts\/79445\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/media\/79449"}],"wp:attachment":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/media?parent=79445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/categories?post=79445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/tags?post=79445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}